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An Apple iPad displays the device's e-book selection. Apple has lost its e-book price-fixing battle with the Justice Department, after forcing the agency to trial while its alleged co-conspirators settled the agency's claims. (Credit: Getty)

BREAKING: Apple Conspired To Fix E-Book Prices, 2nd Circ. Rules

The Second Circuit on Tuesday rejected Apple Inc.'s challenge to a ruling that it orchestrated a plot among five of the nation's biggest publishers to hike the price of e-books, handing a victory to the U.S. Department of Justice.

  • BREAKING: Supreme Court To Hear Calif. Tax Board Immunity Row

    The U.S. Supreme Court agreed Tuesday to hear an appeal from the California Franchise Tax Board over whether the Nevada Supreme Court misinterpreted federal law on immunity by precluding the agency from dodging fraud and emotional distress claims in a dispute with an inventor over income tax on licensing fees.

  • BREAKING: High Court To Hear Merrill Lynch Naked Short Selling Suit

    The U.S. Supreme Court on Tuesday granted an appeal from Merrill Lynch, UBS Securities LLC and other financial institutions over a shareholder suit alleging they engaged in illegal and manipulative “naked” short selling.

  • BREAKING: DOL Unveils Massive Overtime Expansion Plan

    The U.S. Department of Labor unveiled a proposed rule Tuesday that would broaden federal overtime pay regulations to cover nearly 5 million more people and raise the minimum salary threshold required to qualify for the Fair Labor Standards Act's “white collar” exemption to $50,440 per year.

  • BREAKING: Insurer Willis Group Strikes $18B Deal For Towers Watson

    Insurance brokerage Willis Group Holdings PLC said Tuesday that it has inked an all-stock deal worth about $18 billion to pick up professional services firm Towers Watson & Co.

  • Boutiques Wipe The Supreme Court Floor With BigLaw Rivals

    Appellate boutique firms had a banner year before the Supreme Court this term, winning nine of the 11 cases they argued and casting a big shadow over their BigLaw competition.

  • Supreme Court Ends Term Sharply Divided

    As the U.S. Supreme Court winds up a historic term with landmark rulings on same-sex marriage, health care, housing regulations and power plant emissions that will forever shape the legacy of the Roberts Court, the nine justices emerge starkly divided, racking up fewer unanimous rulings and a record number of dissents. 


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